The bogus money allegedly found in their possession totaled $1,440 in $10, $20, and $100 bills.

According to Sheriff Craig Apple, they were high-quality replications. He said smaller denomination counterfeit bills are harder to spot than larger bills.

After several months of investigation, Apple said, the arrests of King and Vanhosen occurred after the pair, who were under police surveillance, were pulled over for a traffic violation.

Apple said the two men were headed in the direction of Colonie Center, where officers suspected they were planning to purchase gift certificates with the counterfeit money. Police said gift certificates were also found in the men's possession.

Police searched King and Vanhosen's home after their arrests, and said they found a high-quality printer, paper and printing supplies allegedly used to print the counterfeit bills.

More Information

The sheriff's office has been working with the U.S. Secret Service on the investigation, which is continuing.